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People · Consumer Internet & Media

Pocket FM sees multiple senior exits

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Pocket FM logo
Date
Company
Pocket FM
What it does
Audio drama streaming platform
Kind
People
Sector
Consumer Internet & Media

What they do

Pocket FM is an audio drama platform offering binge-worthy fiction across genres like thriller and romance

What happened

India Country Head Suyog Gothi exited after 2.5 years, CFO Anurag Sharma resigned after nearly 3 years, AVP Content Ankit Singh departed after 2 years, and…

Why it matters

The exits come as Pocket FM focuses on its core audio business and plans a potential IPO with a reverse flip to India

The details

  • Suyog Gothi, India Country Head of Pocket FM, has exited after 2.5 years in the role.
  • Gothi joined Pocket FM in December 2023 and his LinkedIn shows the position until May 2026.
  • Nitin Verma has taken over Gothi's responsibilities in an internal reshuffle.
  • A Pocket FM spokesperson said Gothi moved on over 7 months ago, unrelated to the Pocket TV shutdown.
  • Ankit Singh, AVP Content, has departed after 2 years at the company.
  • Singh moved from retention and analytics to global content marketing, using generative AI and launching the Discover platform.
  • Anurag Sharma, CFO, resigned after nearly 3 years to pursue entrepreneurial opportunities.
  • Mayank Sancheti, SVP, also stepped down from his role.

The bigger picture

  • The exits come as Pocket FM shut down its microdrama vertical Pocket TV, a beta experiment that concluded about 8 months ago.
  • Pocket FM may revisit the microdrama category in the future.
  • The company is focusing on its core audio business and global expansion ahead of a potential IPO.
  • Pocket FM is discussing a reverse flip to shift its holding company back to India for a public listing.

About the business

  • Pocket FM is the home of the world's best audio dramas, offering binge-worthy fiction and immersive audio entertainment.
  • It provides audio dramas in genres including thriller, fantasy, drama, romance, suspense, and super hero.
  • The top show Super Yoddha has 1.4 billion plays on the platform.
  • Other popular shows include Ek Ladki Ko Dekha (1.3B plays), The Return of Tiger (416.6M plays), and Brahmyodha: The Destroyer (243.9M plays).
  • Pocket FM also offers an AI story writing partner called Sherpa.
  • The platform uses cookies for its operations.

What happens next

  • Pocket FM is focusing on its core audio business and global expansion ahead of a potential IPO.
  • The company is discussing a reverse flip to shift its holding company back to India for a public listing.
  • Pocket FM may revisit the microdrama category in the future.
  • Ankit Singh is working on his own venture with a close friend for job seekers.

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